Commentary The concept of “the social cost of carbon” (“carbon” being used here as shorthand for “carbon dioxide”) has been around for at least 40 years, and has become more prominent in the last decade or so. In the briefest terms, the social cost of carbon metric is designed to try to quantify in economic…
Australia’s ‘Carbon Phobia’
Commentary In a revealing news article, the ABC indicated that, according to its Vote Compass data, Australians have nominated “climate change” as the most pressing issue of our time. Specifically, the article claims that “many are seeking answers on what policies each party has for one of the most pressing issues of our time.” Similarly,…
Chinese Leader Xi Says Low Carbon Push Should Not Mean Lowering Productivity
China hinted that its carbon reduction initiatives would now move at a cautious pace, after the communist regime’s leader Xi Jinping said that carbon-cutting goals should not come at the expense of the “normal life” of ordinary people. His words come at a time when Beijing has continued to produce coal at a record pace,…
Australia Adds ‘Blue Carbon’ to Credit System
More farmers, businesses, and industries will now be able to claim and cash-in Australian Carbon Credit Units (ACCU)—a financial instrument awarded to those who reduce their carbon dioxide emissions—with the inclusion of mangroves and tidal marshes to the carbon offset scheme. One carbon credit represents one tonne of carbon dioxide stored or avoided. These can…
Elon Musk Announces Plan to Take CO2 out of Atmosphere and Convert It Into Rocket Fuel
Elon Musk announced on Monday that his company is working on a program to take carbon dioxide (CO2) out of the atmosphere and convert it into rocket fuel, claiming that it will be important for his future missions to Mars. Musk announced the news on Twitter and invited people to participate in the program, writing: “SpaceX is starting a…
Planet Earth Is Healthier Than Ever, Thanks to Global Warming
Commentary China claims it aims to reduce CO2 emissions when in fact it aims for the opposite. China’s duplicity hurts almost everyone, but it does have one welcome effect—it greens the planet. The planet’s ecology is thriving thanks to carbon dioxide, despite first world policies that are undermining it. The ironic benefactors in this story…
Alberta Government, Opposition Say the Province Should Be Consulted on Emissions Caps
EDMONTON—Alberta politicians are warning the federal Liberal government that caps on greenhouse gas emissions from oil and gas will have to be set in consultation with the province. Both Premier Jason Kenney and New Democrat Opposition Leader Rachel Notley say Alberta has to be at the table when emissions caps are discussed. Prime Minister Justin…
NASA Satellite Data Support ‘Shockingly Large’ Carbon Dioxide Fertilization Effect
A new paper from Columbia University’s Charles A. Taylor and Wolfram Schlenker that used NASA satellite data has shown that anywhere from 10–40 percent of improvements in key U.S. crop yields since 1940 could potentially be attributed to increased atmospheric carbon dioxide due to human activity. The authors noted that their findings are “on the…
NASA Satellite Data Support ‘Shockingly Large’ Carbon Dioxide Fertilization Effect: Study
A new paper from Columbia University’s Charles A. Taylor and Wolfram Schlenker that used NASA satellite data has shown that anywhere from 10–40 percent of improvements in key U.S. crop yields since 1940 could potentially be attributed to increased atmospheric carbon dioxide due to human activity. The authors noted that their findings are “on the…
UK Government to Fund CO2 Production to Prevent Food Shortages
The British government will pay millions of pounds to an American company in the coming weeks in order to ensure CO2 supplies, which are indispensable to the food industry. Business Secretary Kwasi Kwarteng announced on Tuesday that the government would provide “limited financial support” to CF Fertilisers, which produces around 60 percent of the UK’s…
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